Category Archives: GDP

As expected by the entire market, the Federal Reserve chose to leave interest rates unchanged on Wednesday ahead of the upcoming presidential election next Tuesday. The benchmark federal funds rate still sits at a target range of 0.25%-0.5% after the … Continue reading →

Gross domestic product increased at a 2.9% inflation-adjusted annual rate in the third quarter of 2016. The better than forecast numbers have eased investor fears of dwindling economic expansion. It was the strongest reading in two years, and followed three … Continue reading →

The Atlanta Fed has trimmed its growth rate projections following the latest data on inventories, trade and consumer spending this week. The have listed on their website an annualized 2.4% growth rate for the U.S economy in the third quarter. … Continue reading →